🚨 1800 has finally broken through!

Just now, $ETH officially broke above 1800 USDT. After rebounding from 1731, it’s up 2.73% in the past 24 hours. But don’t get too excited—around this level there’s a dense liquidity zone of 4.3 million ETH; if it pushes through, that’s 1980 and 2079—if it can’t, then that’s a different story.

What’s interesting is that this rally wasn’t built by stacking contract leverage—open interest hasn’t moved much. It’s being propped up by real spot buying demand. Spot ETFs have seen net inflows for four straight days, and institutions are quietly accumulating.

⚡️ A bigger story behind the scenes

Right as ETH was attempting to break through, the Ethereum Foundation has just disbanded the Protocol Support team—this team is responsible for coordinating core developer meetings and driving EIP progress. Immediately after that, 5 former EF researchers founded EthLabs; on July 1, Ethereum Institutional officially launched, focusing specifically on connecting with banks and asset management institutions.

While the EF is downsizing, external forces are stepping in to take over the baton. Is this decline? No—this is power shifting.

📈 Big highlights are still coming in the second half

The Gl amsterdam upgrade is already in the final testing stage, with a Q3 rollout. The gas limit could be raised from 60 million to 200 million, and transaction fees are expected to drop by 78%. Vitalik’s newly released “Simplify Ethereum” roadmap will also rebuild nearly all of the protocol’s core components.

The staking ratio has broken through 33%, with more than 33% of ETH locked in staking contracts. Exchange-available supply is tightening, while institutional demand is moving in.

😤 Let’s talk about something tangible

At the 1800 level, the disagreement between longs and shorts is huge—some are looking at 1980, while others think it still has to come back. Personally, I’m leaning toward this: spot is propping up the downside, the upgrade is right around the corner, institutions are positioning, and the fundamentals are solid. But chasing a higher price in the short term? Weigh it yourself.

Real opportunities often show up when nobody is discussing them. ETH’s discussion heat is at an annual low, but activity on-chain has never stopped—450,000 active addresses every day.

Do you have ETH? Are you planning to hold until before the upgrade, or run a move first? Chat in the comments 👇

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#ETH #以太坊 #加密市场